Seller's Agent in 2025
Cathleen Manchester
Keller Williams Realty
(207) 653-7653
2 in this area
170 Total Sales
251 Alfred St Biddeford, ME 04005
Estimated Value: $494,000 - $584,139
4
Beds
3
Baths
2,543
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Barn
- Wood Flooring
- 1 Fireplace
- Deck
- Main Floor Bedroom
- No HOA
About This Home
As of February 2025On the market for the first time, this well-maintained two-unit property is updated throughout, clean, and ready for its next owner! The vacant upstairs unit boasts an oversized kitchen, a private patio, and plenty of privacy, making it a standout feature for potential tenants or owners. The second unit offers the flexibility to create a third unit with a private entry directly off the entryway, adding even more potential value to this property.
Both units have washer/dryer within their unit, full sized refrigerators, stove, microwave and oven. First floor unit has a dishwasher.
Additional storage is available in the basement, providing tenants with a secure, year-round space for their belongings. An oversized two-car garage includes ample storage both above and below, and the garage basement features a convenient door for easy access to load items like lawn equipment or snow blowers. The recently sealed driveway offers ample parking, accommodating over three well-sized vehicles comfortably.
The large, flat backyard is a versatile space perfect for entertaining, setting up a playground, or indulging in gardening projects. Its generous size provides endless possibilities to enhance the outdoor experience.
Situated just minutes from Biddeford schools, restaurants, and downtown amenities, this property combines convenience with charm.
Whether you're looking for an owner-occupied home or a lucrative investment opportunity, this property delivers on all fronts. Don't miss out on this exceptional offering!
Seller has not lived in the units. Seller covers cost of oil, heat, water and sewer for tenant. Seller pays to have lawn maintained and driveway plowed. Detailed P&L provided upon request.
Last Buyer's Agent
Marc Fishman
Fishman Realty Group, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,496
Year Built
- Built in 1920
Lot Details
- 0.42 Acre Lot
- Level Lot
Parking
- 2 Car Detached Garage
- Parking Storage or Cabinetry
- Common or Shared Parking
- Automatic Garage Door Opener
- Garage Door Opener
- Shared Driveway
Home Design
- Flat Roof Shape
- Brick Foundation
- Concrete Foundation
- Wood Frame Construction
- Tar and Gravel Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,543 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 1 Fireplace
- Screened Porch
- Laundry on main level
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- Main Floor Bedroom
- 3 Full Bathrooms
- Shower Only
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Brick Basement
- Doghouse Basement Entry
Outdoor Features
- Deck
- Patio
Location
- Suburban Location
- City Lot
Farming
- Barn
Utilities
- No Cooling
- Zoned Heating
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- Natural Gas Not Available
- High-Efficiency Water Heater
Listing and Financial Details
- Tax Lot 265
- Assessor Parcel Number BIDD-000034-000000-000265
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Community Storage Space
Building Details
- Operating Expense $7,000
- Gross Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 31, 2024
Closed on
Feb 18, 2025
Sold by
Greene John H
Bought by
Martel Joshua C
Seller's Agent
Cathleen Manchester
Keller Williams Realty
Buyer's Agent
Marc Fishman
Fishman Realty Group, Inc.
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,215
Avg. Annual Appreciation
-1.26%
Original Mortgage
$432,000
Outstanding Balance
$429,433
Interest Rate
6.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$106,352
Purchase Details
Closed on
Jul 23, 2010
Sold by
Turgeon Rita P
Bought by
Greene John H
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Martel Joshua C | $540,000 | None Available | |
| Martel Joshua C | $540,000 | None Available | |
| Greene John H | -- | -- | |
| Greene John H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Martel Joshua C | $432,000 | |
| Closed | Martel Joshua C | $432,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2025 02/18/25 | Sold | $540,000 | +1.9% | $212 / Sq Ft |
| 12/31/2024 12/31/24 | Pending | -- | -- | -- |
| 12/31/2024 12/31/24 | For Sale | $530,000 | 0.0% | $208 / Sq Ft |
| 12/15/2024 12/15/24 | Pending | -- | -- | -- |
| 12/13/2024 12/13/24 | For Sale | $530,000 | -- | $208 / Sq Ft |
Source: Maine Listings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,852 | $341,200 | $153,300 | $187,900 |
| 2023 | $4,442 | $338,600 | $153,300 | $185,300 |
| 2022 | $3,715 | $226,400 | $83,400 | $143,000 |
| 2021 | $3,560 | $195,300 | $69,500 | $125,800 |
| 2020 | $3,507 | $174,900 | $59,100 | $115,800 |
| 2019 | $3,495 | $174,900 | $59,100 | $115,800 |
| 2018 | $3,446 | $174,900 | $59,100 | $115,800 |
| 2017 | $3,283 | $163,600 | $59,100 | $104,500 |
| 2016 | $3,249 | $163,600 | $59,100 | $104,500 |
| 2015 | $2,991 | $163,600 | $59,100 | $104,500 |
| 2014 | $2,917 | $163,600 | $59,100 | $104,500 |
| 2013 | -- | $191,700 | $70,300 | $121,400 |
Source: Public Records
Agents Affiliated with this Home
-
Cathleen Manchester
-
Ruth Summers
Seller Co-Listing Agent in 2025
Ruth Summers
Keller Williams Realty
(207) 332-0111
2 in this area
100 Total Sales
-
M
Buyer's Agent in 2025
Marc Fishman
Fishman Realty Group, Inc.
-
Jamie Soucy
J
Buyer Co-Listing Agent in 2025
Jamie Soucy
Keller Williams Realty
(207) 712-5054
1 in this area
41 Total Sales
Map
Source: Maine Listings
MLS Number: 1611178
APN: BIDD-000034-000000-000265
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